Income Tax Act 2007

332Minor definitions etcU.K.
This section has no associated Explanatory Notes

In this Part—

  • “associate” has the meaning given by section 253,

  • “company” includes any body corporate or unincorporated association but does not include a partnership, and is to be read in accordance with section 99 of TCGA 1992 (unit trust schemes),

  • “director” is read in accordance with [F1section 452 of CTA 2010],

  • “group” means a parent company and its qualifying subsidiaries,

  • “group company”, in relation to a group, means the parent company or any of its qualifying subsidiaries,

  • “ordinary shares” means shares forming part of a company's ordinary share capital,

  • “parent company” means a company that has one or more qualifying subsidiaries and “single company” means a company that does not,

  • “research and development” has the meaning given by section 1006, and

  • “shares” includes stock.

Textual Amendments

F1Words in s. 332 substituted (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 507 (with Sch. 2)